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Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Price-to-Tangible-Book

: 0.93 (As of Today)
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As of today (2024-04-19), Blackrock Long-term Municipal AdtgTrust's share price is $9.6998. Blackrock Long-term Municipal AdtgTrust's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $10.43. Hence, Blackrock Long-term Municipal AdtgTrust's Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for Blackrock Long-term Municipal AdtgTrust's Price-to-Tangible-Book or its related term are showing as below:

BTA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 0.95   Max: 1.01
Current: 0.93

During the past 6 years, Blackrock Long-term Municipal AdtgTrust's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.89. And the median was 0.95.

BTA's Price-to-Tangible-Book is ranked worse than
50.03% of 1625 companies
in the Asset Management industry
Industry Median: 0.93 vs BTA: 0.93

A closely related ratio is called PB Ratio. As of today, Blackrock Long-term Municipal AdtgTrust's share price is $9.6998. Blackrock Long-term Municipal AdtgTrust's Book Value per Sharefor the quarter that ended in Jan. 2024 was $10.43. Hence, Blackrock Long-term Municipal AdtgTrust's P/B Ratio of today is 0.93.


Blackrock Long-term Municipal AdtgTrust Price-to-Tangible-Book Historical Data

The historical data trend for Blackrock Long-term Municipal AdtgTrust's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackrock Long-term Municipal AdtgTrust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23
Price-to-Tangible-Book
Premium Member Only 0.95 0.98 0.99 0.94 0.94

Blackrock Long-term Municipal AdtgTrust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 0.94 0.95 0.94 0.99

Competitive Comparison

For the Asset Management subindustry, Blackrock Long-term Municipal AdtgTrust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackrock Long-term Municipal AdtgTrust Price-to-Tangible-Book Distribution

For the Asset Management industry and Financial Services sector, Blackrock Long-term Municipal AdtgTrust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's Price-to-Tangible-Book falls into.



Blackrock Long-term Municipal AdtgTrust Price-to-Tangible-Book Calculation

Blackrock Long-term Municipal AdtgTrust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=9.6998/10.431
=0.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Blackrock Long-term Municipal AdtgTrust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Blackrock Long-term Municipal AdtgTrust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Long-term Municipal AdtgTrust is a diversified investment fund with an investment objective to provide current income exempt from regular U.S. federal income tax. The Fund invests at least 80% of its total assets in municipal bonds, municipal securities, and derivative instruments.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Long-term Municipal AdtgTrust (Blackrock Long-term Municipal AdtgTrust) Headlines